Rubric Capital Management LP Grows Stock Holdings in Carter’s, Inc. $CRI

Rubric Capital Management LP grew its position in Carter’s, Inc. (NYSE:CRI) by 121.5% in the first quarter, HoldingsChannel reports. The institutional investor owned 1,018,853 shares of the textile maker’s stock after acquiring an additional 558,853 shares during the period. Rubric Capital Management LP’s holdings in Carter’s were worth $36,434,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of CRI. UMB Bank n.a. lifted its stake in Carter’s by 445.8% during the 4th quarter. UMB Bank n.a. now owns 775 shares of the textile maker’s stock worth $25,000 after acquiring an additional 633 shares in the last quarter. Caitong International Asset Management Co. Ltd boosted its holdings in Carter’s by 555.9% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 1,115 shares of the textile maker’s stock valued at $31,000 after acquiring an additional 945 shares during the period. EverSource Wealth Advisors LLC grew its position in Carter’s by 202.6% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,486 shares of the textile maker’s stock valued at $45,000 after acquiring an additional 995 shares in the last quarter. Hantz Financial Services Inc. grew its position in Carter’s by 21.8% in the 4th quarter. Hantz Financial Services Inc. now owns 1,577 shares of the textile maker’s stock valued at $51,000 after acquiring an additional 282 shares in the last quarter. Finally, State of Wyoming increased its stake in Carter’s by 1,380.6% during the fourth quarter. State of Wyoming now owns 2,132 shares of the textile maker’s stock worth $69,000 after purchasing an additional 1,988 shares during the period.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on CRI. UBS Group reissued a “buy” rating on shares of Carter’s in a research report on Wednesday, July 8th. Zacks Research cut shares of Carter’s from a “strong-buy” rating to a “hold” rating in a report on Monday, May 25th. Monness Crespi & Hardt upped their target price on shares of Carter’s from $45.00 to $50.00 and gave the stock a “buy” rating in a research note on Thursday, May 7th. Weiss Ratings lowered shares of Carter’s from a “hold (c-)” rating to a “sell (d+)” rating in a report on Monday, May 4th. Finally, The Goldman Sachs Group raised shares of Carter’s from a “neutral” rating to a “buy” rating and set a $38.00 price target for the company in a research report on Thursday, April 9th. Four analysts have rated the stock with a Buy rating, three have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, Carter’s has an average rating of “Hold” and an average price target of $41.17.

Carter’s Price Performance

Carter’s stock opened at $38.72 on Tuesday. The company has a current ratio of 2.80, a quick ratio of 1.72 and a debt-to-equity ratio of 0.61. The company has a fifty day simple moving average of $39.71 and a 200-day simple moving average of $37.54. The stock has a market cap of $1.43 billion, a P/E ratio of 15.61 and a beta of 0.86. Carter’s, Inc. has a 12-month low of $23.38 and a 12-month high of $44.44.

Carter’s (NYSE:CRI) last posted its earnings results on Wednesday, May 6th. The textile maker reported $0.39 EPS for the quarter, beating the consensus estimate of $0.13 by $0.26. The firm had revenue of $681.11 million for the quarter, compared to analyst estimates of $660.59 million. Carter’s had a return on equity of 13.06% and a net margin of 3.07%.Carter’s’s revenue for the quarter was up 8.1% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.66 earnings per share. Carter’s has set its Q2 2026 guidance at 0.020-0.060 EPS. Equities analysts expect that Carter’s, Inc. will post 3.09 EPS for the current fiscal year.

Carter’s Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, June 5th. Investors of record on Tuesday, May 26th were paid a dividend of $0.25 per share. The ex-dividend date was Tuesday, May 26th. This represents a $1.00 annualized dividend and a yield of 2.6%. Carter’s’s payout ratio is presently 40.32%.

About Carter’s

Carter’s, Inc (NYSE: CRI) is a leading designer and marketer of infant and young children’s apparel in North America. Headquartered in Atlanta, Georgia, the company’s core business focuses on creating clothing and accessories for babies and children, including bodysuits, sleepwear, layette, outerwear and accessories that blend comfort, safety and style. Carter’s flagship brand is complemented by its OshKosh B’gosh line, which offers heritage-inspired designs and durable fabrics for toddlers and young kids.

The company distributes its products through a diversified platform that includes wholesale partnerships with major department stores and mass merchandisers, direct‐to‐consumer e-commerce sites, and an extensive network of company-operated retail stores.